The Outstanding Payments by Contact metric in Xero shows the total amount of unpaid invoices and bills for each contact or customer, which can help businesses manage their cash flow and prioritize collection efforts.
With Databox you can track all your metrics from various data sources in one place.
Used to show comparisons between values.
Databox is a business analytics software that allows you to track and visualize your most important metrics from any data source in one centralized platform.
To track Outstanding Payments by Contact using Databox, follow these steps:
Databox fetches data for all the contacts and checks each contact’s Accounts Receivable balance. Only data for accounts for which the balance is not equal to 0 will then be displayed.
When using Xero metric ‘Outstanding Payments by Contact’ in Databox, all contacts without their currency returned via API will have the default currency displayed in Databox, even though their actual currency (seen in Xero) could be different. This is due to Xero’s API limitations that do not support currency conversions.
The same limitation applies to the Xero metric ‘Overdue Payments by Contact’.
Gross Profit is a financial metric that shows the profit earned by a business after deducting the cost of goods sold from its revenue. It represents the amount of money left after accounting for the direct expenses associated with producing and selling a particular product or service.
Assets represents the total value of an organization's resources, including cash, accounts receivable, inventory, property, and equipment.
Liabilities is a financial metric that shows the total amount of obligations owed by a business to creditors and other parties, including loans, accounts payable, and accrued expenses.
The Draft Invoices metric in Xero refers to the number of invoices that have been created but not yet finalized. It measures the efficiency of the invoicing process and helps ensure that all invoices are accurately and promptly sent to clients for payment.
The Quotes Invoiced metric measures the total value of quotes that have been converted to invoices within a specific time period in Xero accounting software.
The Quotes Accepted Value metric measures the total value of quotes that have been accepted by customers, providing insight into the effectiveness of sales efforts.
Non-current liabilities are the debts a business owes and must pay within 12 months.
Cost of Sales by Subtype is a financial metric that categorizes costs incurred in the production or sale of goods or services by subtype. This metric helps businesses identify areas where costs can be reduced or optimized, and can be used to create budgets and forecasts.